# Q2 Metals Extends Near Surface Mineralization 100 Metres North at the Cisco Lithium Project, Intercepting 134.5 Metres at 1.20% Li₂O and 101.6 Metres at 1.02% Li₂O Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/q2-metals-extends-near-surface-mineralization-100-metres-north-at-the-cisco-lith--0de23b2d-bf60-45d5-97af-eb7d9debd1b3 Original source: https://www.globenewswire.com/news-release/2026/10/07/3376338/0/en/q2-metals-extends-near-surface-mineralization-100-metres-north-at-the-cisco-lithium-project-intercepting-134-5-metres-at-1-20-li-o-and-101-6-metres-at-1-02-li-o.html Publisher: globenewswire Original announcement: 2026-10-07T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-07T12:57:46.554Z Atlas analysis updated: 2026-10-07T12:57:46.554Z - Company: Q2 Metals Corp - Ticker: QTWO - Exchange: Unavailable - Region: Quebec, Canada - Primary commodity: Lithium - Secondary commodities: Tantalum - Document categories: Drill results, Resource update - Extracted: 2026-10-07 12:57:47 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Q2 Metals has reported significant lithium drill results at the Cisco Lithium Project, extending mineralization 100 metres north. Notable intercepts include 134.5 m at 1.20% Li2O in hole CS26-096, which extends beyond the previously defined conceptual pit-shell. Reasoning: The drill results demonstrate significant step-out extension and high-grade near-surface lithium intercepts that expand the known resource footprint. - Positive factor: Significant near-surface lithium intercepts - Positive factor: Extension of mineralization 100m north of previous limits - Positive factor: Discovery of mineralization outside the existing conceptual pit-shell - Positive factor: Strong lithium grades \(up to 1.84% Li2O\) - Negative factor: Apparent widths reported without true width disclosure Facts used in scoring: 8 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Drill hole-96 extended mineralization 100m north of previous limits. Evidence · text > extended the previous mineralization of the Cisco Deposit by an additional 100 metres to the north **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release details QA/QC protocols including blanks, standards, and duplicates. Evidence · text > A Quality Assurance / Quality Control \(QA/QC\) protocol following industry best practices was incorporated **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The current resource estimate is entirely Inferred. Evidence · text > The Inferred Mineral Resource Estimate on the Cisco Project, announced on April 20, 2026 ## Extracted facts Stored fact records: 8. Some facts used in scoring do not have a stored record. ## Drill Results (7) ### CS26-096 [Link to this fact](https://atlas-staging.minestarters.com/news/q2-metals-extends-near-surface-mineralization-100-metres-north-at-the-cisco-lith--0de23b2d-bf60-45d5-97af-eb7d9debd1b3#fact-drill-facts-0) Cisco · lithium #### Identity - Hole ID: CS26-096 - Project: Cisco - Commodity: lithium - Region: canada\_qc - Reported Region: canada\_qc - Ticker: QTWO #### Geometry - Grade: 1.2 - Grade Unit: % - Intercept: 134.5 m - From: 0 m - To: 134.5 m - Intercept Depth: 0 m #### Classification - Sample Type: drill - Group ID: CS26-096:0-134.5 - Mining Method: open\_pit #### Location - Location: Cisco Project - Loc. Source: document #### QA/QC - Laboratory: SGS Canada - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: Exceptional lithium intercept starting at surface and extending the known deposit. - Positive factor: High grade and significant width - Positive factor: Starts at surface - Positive factor: Extends mineralization north Evidence · text > 134.5 m at 1.20 % Li 2 O \(starting at surface\) #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Summary of Analytical Results of Drill Holes at Cisco Project All intervals of greater than 5 m of core-length and great" ### CS26-096 [Link to this fact](https://atlas-staging.minestarters.com/news/q2-metals-extends-near-surface-mineralization-100-metres-north-at-the-cisco-lith--0de23b2d-bf60-45d5-97af-eb7d9debd1b3#fact-drill-facts-1) Cisco · lithium #### Identity - Hole ID: CS26-096 - Project: Cisco - Commodity: lithium - Region: canada\_qc - Reported Region: canada\_qc - Ticker: QTWO #### Geometry - Grade: 1.02 - Grade Unit: % - Intercept: 101.6 m - From: 134.5 m - To: 236.1 m - Intercept Depth: 134.5 m #### Classification - Sample Type: drill - Group ID: CS26-096:134.5-236.1 - Mining Method: open\_pit #### Location - Location: Cisco Project - Loc. Source: document #### QA/QC - Laboratory: SGS Canada - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: Significant interval located outside the existing pit-shell, indicating expansion potential. - Positive factor: Outside conceptual pit-shell - Positive factor: Significant width Evidence · text > 101.6 m at 1.02 % Li 2 O #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Summary of Analytical Results of Drill Holes at Cisco Project All intervals of greater than 5 m of core-length and great" ### CS26-095 [Link to this fact](https://atlas-staging.minestarters.com/news/q2-metals-extends-near-surface-mineralization-100-metres-north-at-the-cisco-lith--0de23b2d-bf60-45d5-97af-eb7d9debd1b3#fact-drill-facts-2) Cisco · lithium #### Identity - Hole ID: CS26-095 - Project: Cisco - Commodity: lithium - Region: canada\_qc - Reported Region: canada\_qc - Ticker: QTWO #### Geometry - Grade: 1.28 - Grade Unit: % - Intercept: 70 m #### Classification - Sample Type: drill - Mining Method: open\_pit #### Location - Location: Cisco Project - Loc. Source: document #### QA/QC - Laboratory: SGS Canada - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: Confirmed main zone of the Cisco Deposit. - Positive factor: Strong grade Evidence · text > 70 m at 1.28 % Li 2 O #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Summary of Analytical Results of Drill Holes at Cisco Project All intervals of greater than 5 m of core-length and great" ### CS26-095 [Link to this fact](https://atlas-staging.minestarters.com/news/q2-metals-extends-near-surface-mineralization-100-metres-north-at-the-cisco-lith--0de23b2d-bf60-45d5-97af-eb7d9debd1b3#fact-drill-facts-3) Cisco · lithium #### Identity - Hole ID: CS26-095 - Project: Cisco - Commodity: lithium - Region: canada\_qc - Reported Region: canada\_qc - Ticker: QTWO #### Geometry - Grade: 1 - Grade Unit: % - Intercept: 31.3 m #### Classification - Sample Type: drill - Mining Method: open\_pit #### Location - Location: Cisco Project - Loc. Source: document #### QA/QC - Laboratory: SGS Canada - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: Standard interval within the main zone. Evidence · text > 31.3 m at 1.00 % Li 2 O #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Summary of Analytical Results of Drill Holes at Cisco Project All intervals of greater than 5 m of core-length and great" ### CS26-095 [Link to this fact](https://atlas-staging.minestarters.com/news/q2-metals-extends-near-surface-mineralization-100-metres-north-at-the-cisco-lith--0de23b2d-bf60-45d5-97af-eb7d9debd1b3#fact-drill-facts-4) Cisco · lithium #### Identity - Hole ID: CS26-095 - Project: Cisco - Commodity: lithium - Region: canada\_qc - Reported Region: canada\_qc - Ticker: QTWO #### Geometry - Grade: 1.33 - Grade Unit: % - Intercept: 25.7 m #### Classification - Sample Type: drill - Mining Method: open\_pit #### Location - Location: Cisco Project - Loc. Source: document #### QA/QC - Laboratory: SGS Canada - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: High-grade interval within the main zone. - Positive factor: High grade Evidence · text > 25.7 m at 1.33 % Li 2 O #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Summary of Analytical Results of Drill Holes at Cisco Project All intervals of greater than 5 m of core-length and great" ### CS26-094 [Link to this fact](https://atlas-staging.minestarters.com/news/q2-metals-extends-near-surface-mineralization-100-metres-north-at-the-cisco-lith--0de23b2d-bf60-45d5-97af-eb7d9debd1b3#fact-drill-facts-5) Cisco · lithium #### Identity - Hole ID: CS26-094 - Project: Cisco - Commodity: lithium - Region: canada\_qc - Reported Region: canada\_qc - Ticker: QTWO #### Geometry - Grade: 1.53 - Grade Unit: % - Intercept: 29.2 m #### Classification - Sample Type: drill - Mining Method: open\_pit #### Location - Location: Cisco Project - Loc. Source: document #### QA/QC - Laboratory: SGS Canada - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: Strong grade intercept. - Positive factor: High grade Evidence · text > 29.2 m at 1.53 % Li 2 O #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Summary of Analytical Results of Drill Holes at Cisco Project All intervals of greater than 5 m of core-length and great" ### CS26-094 [Link to this fact](https://atlas-staging.minestarters.com/news/q2-metals-extends-near-surface-mineralization-100-metres-north-at-the-cisco-lith--0de23b2d-bf60-45d5-97af-eb7d9debd1b3#fact-drill-facts-6) Cisco · lithium #### Identity - Hole ID: CS26-094 - Project: Cisco - Commodity: lithium - Region: canada\_qc - Reported Region: canada\_qc - Ticker: QTWO #### Geometry - Grade: 1.84 - Grade Unit: % - Intercept: 19.3 m #### Classification - Sample Type: drill - Mining Method: open\_pit #### Location - Location: Cisco Project - Loc. Source: document #### QA/QC - Laboratory: SGS Canada - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Compositing - Dilution Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: High-grade intercept. - Positive factor: Very high grade Evidence · text > 19.3 m at 1.84 % Li 2 O #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Summary of Analytical Results of Drill Holes at Cisco Project All intervals of greater than 5 m of core-length and great" ## Resource Estimates (1) ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/q2-metals-extends-near-surface-mineralization-100-metres-north-at-the-cisco-lith--0de23b2d-bf60-45d5-97af-eb7d9debd1b3#fact-resource-facts-7) Cisco Lithium Project · lithium #### Identity - Project: Cisco Lithium Project - Commodity: lithium - Region: canada\_qc - Reported Region: Quebec, Canada - Ticker: QTWO #### Resource scope - Estimate type: resource - QP Signed: No - Resource group id: resource:beaf8595b611b37fb7e5 - Deposit or zone: Cisco Deposit - Mining method: underground #### Resource Data - Category: inferred - Tonnes: 295000000 - Grade: 1.36 - Grade Unit: % Li2O #### Prior Estimate - Resource Date: 2026-04-20 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-07T00:00:00.000Z Reasoning: Baseline resource for the project. Evidence · text > Cisco Deposit hosts a total Inferred Mineral Resource of 295 Mt grading 1.36% Li 2 O #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.